Hopewell Ministries
- Assets
- $79.7k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 16
- Location
- Virginia Beach, VA
- Founding
- 02/2011
- Data as of
- 12/2021
- EIN
- 27-0418260
Organization Overview
Hopewell Ministries is located in Virginia Beach, VA. The organization was established in 2011. According to its NTEE Classification (P46) the organization is classified as: Family Counseling, under the broad grouping of Human Services and related organizations. As of 12/2021, Hopewell Ministries employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopewell Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hopewell Ministries generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 19.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHRISTIAN COUNSELING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CHRISTIAN COUNSELING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cron Gibson Pastor | Officer | 40 | $130,000 |
Randy Ricker Director | Trustee | 0 | $0 |
Camper Mundy Director | Trustee | 0 | $0 |
Meredith Tebbe Director | Trustee | 0 | $0 |
Todd Riggs Director | Trustee | 0 | $0 |
Will Lee Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,565 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,565 |
| Total Program Service Revenue | $1,003,129 |
| Investment income | $31 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,007,725 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $631,133 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $94,714 |
| Payroll taxes | $42,226 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,587 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $134,577 |
| Advertising and promotion | $2,110 |
| Office expenses | $3,497 |
| Information technology | $10,465 |
| Royalties | $0 |
| Occupancy | $41,755 |
| Travel | $19,306 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $324 |
| Insurance | $0 |
| All other expenses | $27,126 |
| Total functional expenses | $1,040,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,951 |
| Savings and temporary cash investments | $2,700 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,249 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $840 |
| Total assets | $79,740 |
| Accounts payable and accrued expenses | $70,303 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $70,303 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $9,437 |
| Total liabilities and net assets/fund balances | $79,740 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hopewell Ministries has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child & Family Services Of Eastern Virginia Inc Norfolk, VA | $7,283,033 | $15,260,339 |
Family & Childrens Place Inc Louisville, KY | $8,791,657 | $10,784,827 |
Family Service Foundation Inc Landover Hills, MD | $4,600,296 | $9,786,408 |
East River Family Strengthening Collaborative Washington, DC | $2,290,025 | $8,835,763 |
Association For Guidance Aid Placement & Empathy Nashville, TN | $5,269,153 | $5,314,610 |
Marriage And Family Life Consultants Incorporated Winston Salem, NC | $15,003,549 | $2,547,945 |
Family Service Of Roanoke Valley Roanoke, VA | $1,805,375 | $1,872,087 |
Transformation Center Chattanooga, TN | $1,300,653 | $1,753,892 |
Cornerstone Counseling Center Hickory, NC | $1,888,027 | $1,789,854 |
Kanawha Pastoral Counseling Center Inc Charleston, WV | $1,677,038 | $1,563,116 |
Family Care Center Of Catawba Valley Inc Hickory, NC | $2,149,950 | $1,600,492 |
The Family Center Inc Nashville, TN | $1,158,385 | $1,474,977 |